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iConsumer Corp.

iConsumer Corp.

Ownership is the ultimate loyalty program #GetYourShare

Evanston, Illinois, US

retail, ecommerce, consumer internet, crowdfunding, loan, retail, marketing, advertising, it, technology, ad, loyalty, fintech, rewards, gift cards, mobile, payment, online

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Reservations

$646,500 of $1,000,000
Convertible Note

iConsumer Corp. is raising $1,000,000 with a minimum reservation of $1,000. Numbers displayed include non-binding reservations before investors are verified, signed, or closed.

Highlights

  • Public: Used Reg. A+ to have 50,000 shareholders. OTCQB: ICCMP
  • Grew from 13,000 to 50,000 members in six months
  • New customers pay for themselves in less than a year

Elevator Pitch

Ownership is the ultimate form of loyalty. Shop 1,800 favorite retailers to earn equity in iConsumer and cash back. Next funding phase: ICO (Initial Coin Offering)

KPIs

45,000 Users
$480,000 Sales
5 Employees
$10,000,000 Transaction Volume

Traction

Secured over 1700 online retailer partners

June, 2015

Launched Beta Testing Phase

June, 2015

Developed iConsumer mobile app for iOS & Android

August, 2016

Regulation A+ Offering SEC Qualified - $.045/share

September, 2016

2016 Revenue: $480,000

December, 2016

Reg. A+ Offering - First Investor Closing

December, 2016

Left Beta Phase - 13,000 Member / Shareholders

February, 2017

Reg. A+ Offering - SEC Re-Qualified - $.09/share

February, 2017

Issued stock to 2,600 customers

April, 2017

Closed Reg. A+ Offering

May, 2017

Filed revised FINRA Form 211 to obtain ticker symbol for OTC QB quotation - 10,000 pages of documentation

June, 2017

First SEC Annual Report 1-A Filed

June, 2017

Issued Cash Back Checks to 5982 members through this date

August, 2017

In 5 months grew from 13,000 to 45,000+ members. New members pay for themselves in less than a year

September, 2017

FINRA issues ticker symbol: ICCMP

December, 2017

48,886 Members

December, 2017

Announced Token / Coin: REWARDS coin

December, 2017

Company Slideshare

Frequently Asked Questions

How does iConsumer make money?

Our retail partners (e.g. jet.com, Walmart, Sephora, etc.) pay us a commission for referring customers. We share the commission with our members in the form of rebates, which are a combination of cash back and stock back (ownership in iConsumer).

Is iConsumer publicly traded?

We have completed our public offering, and now we're are going through the approval process. We hope that before the end of Q4, 2017 the answer will be yes (to be precise, because the lawyers want us to be precise, we'll be quoted on the OTC QB market).

What's so special about Regulation A+?

Regulation A+ is part of the 2012 JOBS Act, and it makes it much less expensive to become and be a new kind of public company. iConsumer used Title IV, Tier 2 of the JOBS Act to make it legal to have 1,000,000 shareholders.

Why don't you boast about name-brand investors?

Because we didn't need them to get started. If ordinary people can make a company successful, simply by shopping and telling their friends, and if those people win when we win, what value does a VC type add? We used the power of the crowd to build this company, maybe the first time it's really been done this way.

But it took some money to get started, right?

Sure. One of our founders financed most of the costs (about $1,000,000), asked some friends to invest, just to make sure he wasn't completely crazy, and then we asked ordinary people to invest a little bit of money each. $25 here, $50 there, and it added up. Now that we need more capital to scale, those friends have invested again.

Great, so now you're raising another $2,000,000. Where are the VCs?

It's not their type of deal. We're already public, but still early-stage. They don't have a neatly drawn box into which to put this kind of investment.

What's so important about 250,000 members?

Our projections show that with that many people using iConsumer, we should generate enough cash to never, ever have to raise more money unless we want to.

Your 1,000,000 nember goal, is that a big number or a small number?

1,000,000 of anything is a lot. But to put it into perspective. When eBates (a competitor) sold to a Japanese firm for about $960,000,000 they had 2,500,000 members.

What excites you the most?

Our share price doubled from $.045 to $.09 earlier this year, and thousands of ordinary people, who had gotten their shares simply for shopping and referring their friends, got excited. And that translated into more members and more shopping. We can't wait to see what happens when FINRA issues us our ticker symbol, we get quoted on the OTC QB and people can actually Google our share price.

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